Strategic Minerals extends Cobre stockpile access through March 2031
Strategic Minerals announced on 7 September 2026 that its subsidiary Southern Minerals Group secured another two years of access to the Cobre magnetite stockpile in New Mexico. What changed The agreement's expiry moves from 31 March 2029 to 31 March 2031. The company says all other terms remain unchanged. The extension gives the subsidiary a longer operating window and supports planning for equipment expenditure. Management also links Cobre's cash generation to advancing the wider group's Redmoo
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